For all you armchair accountants out there, did you know that a handful of college football teams will use the LIFO method of inventory management in 2014?
Yes, LIFO, or “last in, first out,” assumes that the newest products received—or newest recruits signed— are used first, as opposed to utilizing what’s already in the warehouse or on the roster.
Think about it this way: If you dump a bunch of marbles into a barrel that is already half full, it makes more sense to sell the ones on the top than wasting time digging through to the bottom.
In college football, LIFO works a little differently: Programs are forced to use it when they lose a bunch of talent to inevitable attrition (graduation, the draft, etc.) and must rely more heavily on the most recent crop of recruits.
The bigger the personnel turnover and the higher-ranked the incoming talent, the more LIFO is necessary and advantageous.
In other words, here’s a look at which programs in 2014 will be counting on their stellar rookies to contribute in a big way because a bunch of guys graduated or declared for the NFL draft.